Property summary
This exceptional redevelopment opportunity presents a unique chance to acquire The Call Building, a substantial mixed-use property situated at 55 Main St, Woonsocket, Rhode Island, 02895. The 104,000 square foot building, constructed in 1928 and extensively renovated in 2025, boasts a commanding presence on a 1.42-acre lot. Currently vacant, this six-story structure offers 81 units, comprising 73 residential apartments and 8 commercial spaces. The property is zoned C1, providing flexibility for various uses. With ample parking for 20 vehicles, this investment is ideally positioned for significant returns. The sale includes four land parcels (14-336, 14-383, 14-331, and 14E-405), adding to its considerable value. The asking price is $3,450,000, translating to $33.17 per square foot. This is a partially finished project, presenting a unique opportunity for an investor to complete the renovation and capitalize on the high demand for residential and commercial space in this vibrant Rhode Island city. The property's prime location on Main Street ensures high visibility and accessibility. This is a rare chance to acquire a large-scale mixed-use property in a growing market. Don't miss this chance to transform this landmark building into a thriving commercial and residential hub.
Property profile
VerifiedCap rate & NOI
Current use
-
Social Service Agency Community Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MU2 · Woonsocket, RIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight